ACTIVE

VS INSURANCE

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Financial year 2024 · Closed on 31/12/2024

Net result-26,7 k €-139,7 %over 1 year

Gross margin351,3 k €-19,0 %over 1 year

Equity76,5 k €-25,8 %over 1 year

Workforce4,8 ETP-5,9 %over 1 year

Identity

Source · BCE/KBO

VS INSURANCE is a Private limited company incorporated in 2004. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Oostende. It employs on average 4,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0864.457.565
Incorporation: 01/04/2004
Legal form: Private limited company
Registered office: Alfons Pieterslaan 90-92
8400 Oostende · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2024
Average workforce: 4,8 ETP

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	351,3 k €	-19.0%	433,5 k €	+3.1%	420,5 k €	-47.5%	801,6 k €	+196%	270,5 k €
EBITDA	38 k €	-71.9%	134,9 k €	+116%	62,4 k €	-87.4%	496 k €	+1888%	24,9 k €
Operating result	-15,8 k €	-116%	97,2 k €	+126%	43,1 k €	-91.2%	489 k €	+2375%	19,8 k €
Net result	-26,7 k €	-140%	67,2 k €	+120%	30,5 k €	-93.8%	491,3 k €	+5120%	9,4 k €
Balance sheet
Equity	76,5 k €	-25.8%	103,2 k €	+282%	27 k €	+1.8%	26,5 k €	+5.0%	25,3 k €
Total assets	606,1 k €	+49.2%	406,3 k €	+12.3%	361,9 k €	-48.4%	701,1 k €	+400%	140,3 k €
Cash	45,6 k €	+977%	4,2 k €	+1776%	225,8 €	-34.2%	343 €	-97.1%	12 k €
Debts	409,8 k €	+106%	198,7 k €	-16.4%	237,6 k €	-59.0%	579,7 k €	+1061%	49,9 k €
Other
Workforce	4,8 ETP	-5.9%	5,1 ETP	-3.8%	5,3 ETP	+3.9%	5,1 ETP	+24.4%	4,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 8 ended

Active mandates

CONCORDIA

Director · since 09 octobre 2023 · 0427.391.205

Represented by Steve Sartor

Active

Luc Van Antwerpen

Director · since 09 octobre 2023

Active

Ended mandates

Olivier Heffinck

Director · since 19 mai 2016

Ended

Olivier Heffinck

Manager · since 19 mai 2016

Ended

Arnaud Van Schoote

Director · since 11 mai 2016

Ended

Arnaud Van Schoote

Manager · since 11 mai 2016

Ended

Other companies at this address

Alfons Pieterslaan 90-92 8400 Oostende

Company	CBE no.
Groep Armo Projects● Active	1013.334.353
JUMA● Active	0454.796.970
NUWI● Active	0463.599.424
Van Schoote● Active	0447.361.030
VSH● Active	0476.379.866

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/10/2019	01/10/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	15 months	12 months
Filing date	22/07/2025	05/07/2024	03/07/2023	31/08/2022	22/11/2021	30/04/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	30/08/2022	26/10/2021	21/03/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	27/06/2025	22/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/10/2021	22/11/2021	Dutch	PDF
Abridged model	30/09/2019	21/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	23/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	24/03/2018	28/05/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	24/03/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	21/03/2015	23/03/2015	Dutch	PDF
Abridged model	30/09/2013	22/03/2014	27/03/2014	Dutch	PDF
Abridged model	30/09/2012	23/03/2013	28/03/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	27/03/2012	Dutch	PDF
Abridged model	30/09/2010	19/03/2011	21/03/2011	Dutch	PDF
Abridged model	30/09/2009	30/03/2010	18/04/2010	Dutch	PDF
Abridged model	30/09/2008	31/03/2009	25/05/2009	Dutch	PDF
Abridged model	30/09/2007	22/03/2008	26/05/2008	Dutch	PDF
Abridged model	30/09/2006	24/03/2007	30/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 8 ended

Active mandates

CONCORDIA

Director · since 09 octobre 2023 · 0427.391.205

Represented by Steve Sartor

Active

Luc Van Antwerpen

Director · since 09 octobre 2023

Active

Ended mandates

Olivier Heffinck

Director · since 19 mai 2016

Ended

Olivier Heffinck

Manager · since 19 mai 2016

Ended

Arnaud Van Schoote

Director · since 11 mai 2016

Ended

Arnaud Van Schoote

Manager · since 11 mai 2016

Ended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/12/2023
KAPITAAL - AANDELEN - DIVERSEN
PDF
Mandates04/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other14/03/2017
DOEL
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2024
Annual accounts 2024-26,7 k €↓
2023
Annual accounts 202367,2 k €↑
2022
Annual accounts 202230,5 k €↓
2021
Annual accounts 2021491,3 k €↑
2020
Annual accounts 20209,4 k €↑
2019
Annual accounts 20195,3 k €↑
2018
Annual accounts 2018-2,2 k €↓
2017
Annual accounts 2017-142 €↑
2016
Annual accounts 2016-217 €↓
2016
Name changeVS INSURANCE
2015
Annual accounts 20151,5 k €↓
2014
Annual accounts 20142,5 k €↑
2013
Annual accounts 2013-1,7 k €↓
2012
Annual accounts 20122,1 k €↑
2011
Annual accounts 2011152 €↑
2010
Annual accounts 20106 €↓
2009
Annual accounts 20094,1 k €↑
2008
Annual accounts 2008-4,8 k €↓
2007
Annual accounts 2007382 €↓
2006
Annual accounts 20063 k €
2006
Name changeK & S PARTNERS
01/04/2004
IncorporationPrivate limited company

VS INSURANCE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline